The US-based logistics giant FedEx plans to start operation of its Asia-Pacific delivery centre it is currently building within Guangzhou's Baiyun Airport by year-end 2008.
The FedEx delivery centre project, with a total investment of US$337 million, is expected to become a super large delivery centre covering over 30 Asia-Pacific countries.
The project is expected to add about one million tonne per year of cargo turnover for the Baiyun airport within the first year of operation.
FedEx predicts that its AP delivery centre will churn out US$11 billion in revenue by 2010 and $65 billion by 2020.
Construction of the project started in early 2006.
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